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jolli1 [7]
3 years ago
8

Suppose gdp in this country is $800 million. enter the amount for government purchases. national income account value (millions

of dollars) government purchases ( gg ) taxes minus transfer payments ( tt ) 260 consumption ( cc ) 300 investment ( ii ) 300
Business
1 answer:
Bess [88]3 years ago
7 0

Answer:

Therefore government purchases is $300 million

Explanation:

In this case, GDP is the sum of consumption, investment, and government purchases. To calculate the value of consumption we use the formula:

CC + II + GG = Y

GG = Y - CC - II

Where:

government purchases = GG

taxes minus transfer payments (TT) = $260 million

consumption (CC) = $300 million

investment (II) = $300 million

Y = country GDP = $800 million

GG = Y - CC - II

Substituting:

GG = $800 million - $300 milllion - $300 million

GG = $200 million

Therefore government purchases is $300 million

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false

Explanation:

technical skills are most important for lower level managers and team leaders. hope this helped

3 0
3 years ago
Corcoran Corp. pays a constant $7.10 dividend on its stock. The company will maintain this dividend for the next 10 years and wi
raketka [301]

Answer:

Explanation:

Corcoran Corp. pays a constant $7.10 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price

Given that:

Dividend = $7.10 dividend on its stock

Rate r =  11 percent

The company will maintain this dividend for the next 10 years

\texttt {Current share price}=\texttt {Dividend}\times(\frac{1-(1+r)^{-r}}{r} )

=\$ 7.10\times(\frac{1-(1+0.11)^{-10}}{0.11} )\\\\=\$7.10\times(\frac{1-(1.11)^{-10}}{0.11} )\\\\=\$7.10\times\frac{(1-0.3522)}{0.11}\\\\=\$7.10\times\frac{0.6478}{0.11}\\\\=\$ 7.10 \times5.889\\\\=\$41.81

6 0
3 years ago
Which of the following is not a type of bank? A. Credit Union B. Online Bank C. Payday Lender D. Retail Bank
brilliants [131]

The answer from given choice is "C", "Payday Lender" is not a type of bank.<span>

Payday lender involve the basic loan procedure where a lender is providing a short-term loan which has to be paid back when the borrower's next payday come, that is a simple loan process which has nothing to do with a bank.</span>

7 0
3 years ago
Read 2 more answers
What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges? Assume
Mamont248 [21]

The annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges is $9. Read below about the analysis of the annual opportunity cost of a checking

<h3>What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges?</h3>

The calculation goes thus;

Annual opportunity cost = Minimum balance × Interest rate

= $300 × 0.03

= $9

Therefore, the correct answer is as given above

learn more about annual opportunity cost: brainly.com/question/17204577

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7 0
2 years ago
1. Assume that in the relevant jurisdiction, contracts with clauses restricting working for competitors for more than six months
jeyben [28]

<u>Answer: </u>Wrongful interference with a contractual relationship requires the existence of enforceable contract, third party  knowledge, and intentional inducement.

<u>Explanation:</u>

All the business consist of information which is invaluable and wants the employees to keep it within the business and not sell it to competitors. As they are the successful objectives of the business.

Contractual relationship is the relationship bound by legal requirements where there are two or more parties who agree with same terms through enforceable contract. Intentional inducement is where an individual causes damage to  contractual relationship with third party. The damage can be of monetary basis.

8 0
3 years ago
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